Tag: Tales

A TALE OF DOOM AND GLOOM: “ONE SIZE DOES NOT FIT ALL”

A TALE OF DOOM AND GLOOM: “ONE SIZE DOES NOT FIT ALL”

I recently ran into Kyle who I’ve known since high school and was one of my very first clients. He is a deep thinker, a quick study and has always been a bit irreverent so I wasn’t surprised that the first words out of his mouth were “Hey Carlos, how’s it going in the world […]

WHAT SHOULD I TEACH MY KIDS ABOUT MONEY? AN UNEXPECTED TALE

WHAT SHOULD I TEACH MY KIDS ABOUT MONEY? AN UNEXPECTED TALE

As a young boy I was blessed to know and learn from my Uncle Segundo or Tio Segundo as I knew him. He like so many other relatives came to live with my family for a short time as they fled their beloved Cuba to make a new home in the welcoming arms of the […]

DEALING WITH HIGH INFLATION: A PRESERVATION TALE

DEALING WITH HIGH INFLATION: A PRESERVATION TALE

This tale is specifically written for those that are looking for ways of dealing with high inflation with a secondary consideration for dealing with high inflation and receiving periodic income from your portfolio.  It is why I call it A Preservation Tale, because the objective during periods of high inflation is to preserve purchasing power.  It […]

A LARGE TALE: “TURN ON THE AIR”

A LARGE TALE: “TURN ON THE AIR”

This tale is very short and has one purpose and one purpose only.  It is to recommend that when you work with an advisor that you meet face to face with the advisor and preferably in your home.  I say this because on more than one occasion I was able to make recommendations that were completely outside […]

A HOMEOSTATIC TALE: “A BRAVE NEW WORLD”

A HOMEOSTATIC TALE: “A BRAVE NEW WORLD”

One of the great gifts that humans have is the ability to self-regulate. For example, the body’s ability to maintain a constant temperature stems from its ability to self-regulate and is called homeostasis. Unfortunately we have no simple term or way to describe homeostasis in a culture, society, country, etc. We simply call it regulation or […]

A LUMPY TALE: “LUMP SUM OR PENSION?”

A LUMPY TALE: “LUMP SUM OR PENSION?”

I write this tale because every day people that are soon to retire must tell their employer if they want to receive a lump sum for all their years of service or a lifetime annuity. This is a complex decision and one that once made can’t be reversed. They often enlist the services of advisors […]

FAMILY SAVINGS: A TALE OF TEAMWORK

FAMILY SAVINGS: A TALE OF TEAMWORK

An essential component of financial success is the need to assemble a team of trusted advisors. Other than practicing the discipline of saving money I think it’s the most important component to financial success. This tale follows A Tale of Gender because we also know that money knowledge isn’t gender specific and that women must understand how it […]

A TRANSFORMATIVE TALE: “LIKE US, THERE’S MORE THAN MEETS THE EYE”

A TRANSFORMATIVE TALE: “LIKE US, THERE’S MORE THAN MEETS THE EYE”

In A Practical Tale, we learned the importance of understanding the expected behavior of asset classes, which of course impacts the expected behavior of your portfolio.  We can be fairly certain that when it comes to asset class risk, which we define as how much money you can lose if you invested in an asset class […]

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